Booming Green Packaging Market | Sustainable Solutions, Trends & Growth Forecast 2024-2031 | BASF SE, WestRock Company, Amcor Limited.

The Global Green Packaging Market reached USD 255.1 billion in 2022 and is expected to reach USD 350.5 billion by 2030, growing with a CAGR of 7.2% during the forecast period 2024-2031.

Green Packaging Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Green Packaging Market focuses on eco-friendly packaging solutions made from biodegradable, recyclable, and sustainable materials. Used in food & beverage, healthcare, and consumer goods industries, it reduces environmental impact and promotes sustainability. Market growth is driven by rising consumer awareness, stringent environmental regulations, and innovations in compostable and reusable packaging technologies.

List of the Key Players in the Green Packaging Market:

BASF SE, WestRock Company, Amcor Limited, Sealed Air, Mondi PLC, Bemis Company Inc., The Dow Chemical Company, Ball Corporation, L'Oreal International and Tetra Pack.

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Industry Development:

In February 2023, Sealed Air, a North Carolina-based packaging company, acquired Liquibox, a leading producer of environmentally friendly liquid packaging. This acquisition allows Sealed Air to expand its product offerings for the food and beverage industry, aligning with the growing consumer demand for sustainable packaging solutions.

In April 2022, WestRock Company, a U.S.-based corrugated packaging manufacturer, partnered with Recipe Unlimited, a Canadian restaurant group, to launch a line of recyclable paperboard packaging. Designed to replace plastic containers, this initiative aims to keep 31 million plastic containers out of Canada's landfills each year. The transition began in October 2021 at Swiss Chalet restaurants and has since expanded nationwide.

Growth Forecast Projected:

The Global Green Packaging Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Green Packaging Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Green Packaging Market:

By Material : Paper, Plastic, Metal, Glass, Others.

By Type: Drums, Plastic Containers, Others.

By End-User: Food & Beverages, Healthcare, Personal Care, Others.

Regional Analysis for Green Packaging Market:

The regional analysis of the Green Packaging Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Green Packaging market?

➠ Who are the leading manufacturers in the global Green Packaging industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Green Packaging industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Green Packaging market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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